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Juicy Ltd produces and sells Fruit Juices. The company provides the following estimated sales for the next six months: The company's policy is to keep
Juicy Ltd produces and sells Fruit Juices. The company provides the following estimated sales for the next six months: The company's policy is to keep ending inventory of finished goods that is equal to 20% of the unit sales for the next month. Three kilograms of direct materials are required for each bottle of finished goods produced. Each kilogram of direct materials costs \$6. Ending inventory levels for materials are equal to 20% of the production needs for the next month. Sales price per bottle is $60
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